INSIGHTS
2023: Year of the 4 Comma Club
By: Matt Garrott The stock market in 2023 has been dominated by the 4 Comma Club, the Trillionaires* – Apple, Microsoft, Alphabet, Amazon, and Nvidia. Nvidia’s position in this elite group is not cemented in place as it has recently fallen back down to a mere [...]
Mixed Messages
By: Matt Garrott One of the frustrating things about investing is that the data can tell you one thing while the market does the complete opposite. The markets can lag the data by months or even years. Other times they seem to be ahead of the [...]
Promotion of Chris Martin to Partner
Clients and Friends, We couldn't be more excited to announce the promotion of Chris Martin to partner with the Firm! Chris joined Fairway in 2012 after spending several years in public accounting. Starting as an associate supporting our partners, Chris now leads the delivery of our full scope of [...]
Market Commentary 3/31/2023
By: Matt Garrott The headlines have been terrible. Inflation is high. The automobile and home loan markets are confused. A bank run centered on the global tech center of Silicon Valley ripped through the financial sector. How did the stock market respond? The S&P 500 gained [...]
And the Oscar for best bank drama this weekend goes to…
By: Matt Garrott Silicon Valley Bank In an effort to prevent the default of Everything Everywhere All at Once, Federal regulators stepped in to cover depositors who held cash over the $250,000 FDIC insurance cap at Silicon Valley Bank (SVB). Regulators also shut down Signature Bank [...]
Don’t Chase Two Rabbits at the Same Time
By: Matt Garrott One month into the New Year and one of our core investment beliefs was confirmed: Nobody can predict the markets. The Bloomberg US Aggregate Bond Index gained 3.1% and the S&P 500 rose 6.3%. The NASDAQ, which lost 32.4% last year, was up [...]